Latest Articles
GST Reconciliation: Mapping Figures Across GSTR-1, GSTR-3B, GSTR-9 & GSTR-9C
Goods and Services Tax : Understand GST reconciliation by mapping figures across GSTR-1, GSTR-3B, GSTR-9, and GSTR-9C. Ensure compliance and accuracy in ta...
Cow Smuggling Hurts Religious Sentiments, Threatens Public Order: J&K HC
Corporate Law : J&K High Court upholds preventive detention for cow smuggling, citing its threat to public order and impact on religious sentiment...
Need to Curb Misconceptions About Rule 55 of Income Tax Rules
Income Tax : Rule 55 misinterpretations hinder aspiring Income Tax Practitioners, discouraging qualified youth and impacting self-employment op...
Bombay HC Fines Senior Citizen ₹5 Lakh for Stalling Redevelopment Projects
Corporate Law : Bombay HC fines senior citizen ₹5 lakh for filing a plea to delay redevelopment of a prime Mumbai property, deeming it a misuse ...
Request for Retrospective Relief from Provisions of Rule 96(10) of CGST Rules, 2017
Goods and Services Tax : Exporters urge retrospective relief from GST Rule 96(10), citing financial hardship and court rulings deeming the rule arbitrary. ...
Latest News
Consultation on Draft IFSCA (KYC Registration Agency) Regulations, 2024
Finance : IFSCA seeks public comments on the draft KYC Registration Agency Regulations 2024 to enhance KYC efficiency in IFSC, addressing re...
SEBI Draft Circular on Prohibited Activities & Associations
SEBI : SEBI seeks public comments on a draft circular clarifying rules on associations with persons engaged in prohibited activities. Com...
Webinar – Unlock Global Opportunities with ACCA: A Path Beyond CA, CS, CMA
CA, CS, CMA : Discover how ACCA enhances your career globally. Join a free webinar on Dec 14, 2024, to explore ACCA benefits, career prospects, ...
SFIO Probes EV Manufacturers for FAME-II Subsidy Fraud
Corporate Law : SFIO investigates three EV companies for Rs. 297 crore subsidy fraud under FAME-II. Alleged violations include importing restricte...
SEBI Consultation on ITM Options Devolvement Framework
SEBI : SEBI seeks input on devolving ITM options into futures to mitigate risks near expiry due to sudden price movements in the derivati...
Latest Judiciary
Disallowance of short term capital loss unjustified as no evidence disproves genuineness of transaction
Income Tax : ITAT Mumbai held that disallowance of short term capital loss not justified since there is no evidence on record based on which ge...
Madras High Court Affirms Scope of Rule 86A in Negative ITC Blocking
Goods and Services Tax : Madras High Court ruled that Rule 86A of CGST Rules allows negative ITC blocking, irrespective of credit availability in ECL, to c...
Non-production of relied upon documents amounts to violation of principles of natural justice
Goods and Services Tax : Allahabad High Court held that non-production of documents which were relied upon by the department amounts to violation of princi...
Units allotted to commercial space buyers not to be excluded from CIRP of Corporate Debtor
Company Law : Thus, the prayer of the Appellant to exclude the commercial space from the Resolution Plan, could not have been accepted, nor any ...
Loss in derivative business is a business loss eligible to set off against business profit: Kerala HC
Income Tax : Kerala High Court held that a loss in the derivative business is a business loss for the purposes of Section 72, and thus a set of...
Latest Notifications
Aadhaar Authentication for GST Registration in Haryana, Manipur, Meghalaya & Tripura
Goods and Services Tax : Advisory on New biometric Aadhaar authentication and document verification procedures for GST registration applicants in Haryana, ...
RBI Developmental and Regulatory Policies Update – Dec 2024
Fema / RBI : RBI announces new measures on liquidity, financial inclusion, AI, and payment systems, including CRR reduction and FX-Retail platf...
RBI’s December 2024 Statement on Economic Outlook
Fema / RBI : RBI's statement discusses India's economic growth, inflation trends, and monetary policy stance for 2024-2025 amid global economic...
RBI Keeps Repo Rate Unchanged at 6.50%
Fema / RBI : RBI maintains the repo rate at 6.50%, focusing on inflation control and growth support in its December 2024 policy statement....
BSE: Joint SOP for Release of 1% Security Deposit for Companies
SEBI : BSE announces SOP for the release of 1% security deposit following SEBI’s latest circular, detailing required documents and proc...
Latest Downloads
FAQs
PAN 2.0 के बारे में जानें, पुराने PAN धारकों के लिए आवश्यक अपडेट और FAQs।
Understand the special procedures under Section 16(5) of the CGST Act, 2017, for rectifying ITC claims. Learn eligibility, filing steps, and key clarifications.
Learn how Form DRC-03A resolves GST demands paid via DRC-03 but still reflected as outstanding. Simplify adjustments and avoid duplicate notices effectively.
Learn how India’s Invoice Management System (IMS) streamlines Input Tax Credit (ITC) tracking and helps reduce tax discrepancies for businesses.
RBI’s guidelines on Default Loss Guarantee (DLG) in digital lending aim to ensure risk management and stability in lending operations.
